Kachikwu writes Buhari, protests award of $25b contracts by NNPC GMD

Kachikwu writes Buhari, protests award of $25b contracts by NNPC GMD

by Joseph Anthony
182 views

A crisis of confidence has erupted in the oil and gas sector between the Minister of State for Petroleum Resources, Dr. Edmund Ibe Kachikwu and the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru.

The minister also accused the GMD of awarding $25billion contracts without consulting either his office or the NNPC Board.

He accused Baru of alleged insubordination, lack of adherence to due process and running a โ€œbravado management style.โ€

Kachikwu said he was being sidelined by the GMD and other heads of parastatals on major decisions and appointments.

He asked President Muhammadu Buhari to call the NNPC chief to order to ensure due process and transparency in the oil and gas sector.

He also presented five prayers to President to save the oil sector from collapse.

The minister said he was always blocked from seeing the President.

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